Mashable, the mega-popular tech and social news blog founded in 2005 by Pete Cashmore—yes, the cool entrepreneur who made it to Forbes’ “30 Under 30” list—stroke a deal with L&L Holding company for 38,580 square feet of space at the newly renovated 114 Fifth Avenue in Midtown South.

How will further e-commerce growth impact the sector? Where do opportunities lie? The firm's light-industrial chief revealed his views on the segment's evolution and the company's plans to expand its portfolio.

San Francisco’s office market continues to be bolstered by major companies willing to pay a premium to be in the country’s largest tech-driven metro, counteracting smaller players’ shift to less expensive areas.